Amazon.com, Inc. $AMZN is Coastwise Capital Group LLC’s 6th Largest Position

Coastwise Capital Group LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,100 shares of the e-commerce giant’s stock after selling 920 shares during the period. Amazon.com accounts for about 4.0% of Coastwise Capital Group LLC’s investment portfolio, making the stock its 6th biggest holding. Coastwise Capital Group LLC’s holdings in Amazon.com were worth $5,068,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com during the 4th quarter valued at $25,000. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter valued at $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the 1st quarter valued at $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the 1st quarter valued at $40,000. Finally, Capitol Family Office Inc. purchased a new stake in shares of Amazon.com during the 1st quarter valued at $42,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last 90 days, insiders sold 21,772,985 shares of company stock worth $4,939,346,118. Insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $219.78 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The business has a 50-day moving average price of $227.44 and a 200 day moving average price of $210.35. The firm has a market cap of $2.34 trillion, a PE ratio of 33.50, a P/E/G ratio of 1.47 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several analyst reports. Evercore ISI reiterated an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a report on Wednesday, August 13th. Bank of America raised their target price on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Oppenheimer lowered their price target on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Friday, August 1st. Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an “outperform” rating in a research report on Tuesday, July 1st. Finally, Royal Bank Of Canada lifted their price target on Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Amazon.com has an average rating of “Buy” and an average target price of $264.04.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.